Stop in the name of the law or as the Ripple network says, The Balance Freeze Functionality. These are essentially invisible doorways that halt or as the name suggests ‘freeze’ transactions to stop or avoid illicit activities from happening. Before the obvious question pops into your minds, let us help you clear it – No, the powerful security feature is not meant for the token of XRP but only for the Ripple network itself. You can now enter the legit grounds with zero worries, and you only have Balance Freeze Functionality to thank.
Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Each investor must do his/her own research or seek independent advice if necessary before initiating any transactions in crypto products and NFTs.
